Uber valued at $82 billion in IPO as market jitters

Uber valued at $82 billion in IPO as market jitters

Uber Technologies priced its IPO on Thursday at the low end of its targeted range for a valuation of $82.4 billion. Uber raised $8.1 billion, pricing its IPO at $45 per share. The IPO was oversubscribed, but Uber settled for a lower price to avoid a repeat of Lyft’s IPO in late March.

Timothy
Timothy
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